A United Nations analysis shows that food prices around the world climbed in May at their fastest rate in more than a decade, the UPI website reports today (June 4, 2021).
The Food and Agriculture Organization's Food Price Index averaged 127.1 points last month , which amounted to an increase of about 4% over April. Compared to May 2020, prices were up 40%..
The index is at its highest value since September 2011. The April-to-May rise is the index's largest since 2010.
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